crisis countries (Greece, Portugal, Ireland, Cyprus, Spain) based on over 200 past macroeconomic adjustment episodes between … 1960-2010 worldwide. At its trough, between 2010 and 2015 per capita GDP had contracted on average 11 percentage points …

Against the backdrop of the Greek three-act tragedy, we present a theoretical framework for studying Greece’s recent … debt and currency crisis. The model is built on two essential blocks: first, erratic macroeconomic policymaking in Greece … macroeconomic policies in Greece are considered. The model’s mechanism and assumptions allow either for a Grexit from the euro area …

and current account deficits, which have in turn driven Greece's foreign indebtedness to alarming levels, necessitating …

The paper examines the effects of the age-differentiated decreases in the minimum wage which Greece implemented in 2012 …

We asked economic experts polled by the CESifo World Economic Survey how to handle the fiscal crisis in Greece in the …-level characteristics, especially credit default swaps as a measure of fiscal stability, predict views on whether Greece should exit the …

turn looks for engines of sustained growth. We use a micro-founded macroeconomic model calibrated to Greece. Our … Greece had simply remained at its pre-crisis level. On the other hand, we show that, in the absence of the official fiscal …

- a 10 percent mandatory top-up in the Minimum Wage (MW) for married individuals - in Greece in November 2012. Using data …